Advertise With Us

    Share allotment after Company incorporation .

    Posted By : mahimajain / Published on : 29-Sep-2022 05:46 AM / View : 197 / Comment : 0

    Print button
    Dear Professionals,

    A Company soon after incorporation allotted shared to the subscribers. However the opening of bank account took time due to legal hurdles. Meanwhile the allottee, a non resident (holding 99% shares) went out of India and bank refused to open account without his presence however they agree if he transfer his shares t a resident person. Is this possible to transfer such shares, which has been allotted pursuant to Incorporation of the Company but for which no subscription money is received yet?
    Read more on : incorporation company after allotment share

      Please Select File:

    Other Queries from mahimajain
    Unanswered Queries
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or